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    Property profile & analytics

    Penitas, TX 78576

    • Auto shops
    • 3,360 SF
    • 2.49 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Last Sale
    Jul 12, 2023
    Location Intelligence
    Property ID
    US82-7423733
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details

    Year built
    1980
    Lot size
    2.49 lot acres
    Property size
    3,360 SF
    Property type
    Auto shops
    APN
    H4250-04-036-0006-03
    APU
    H425004036000603

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4407
    Latitude
    26.2796
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,412
    $78,079
    $90,846
    $168,925
    -
    $78,079
    $90,846
    $168,925

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      1006 Expressway 83

      Automotive properties • 4,000 SF
      1006 Expressway 83, Citrus City, TX 78576
      View Details
    • Value Estimation by Request
      907 SF

      2000 Expy 83

      AUTO REPAIR, GARAGE • 907 SF
      2000 Expy 83, Penitas, TX 78576-2235
      View Details
    • Value Estimation
      $550,000
      2,176 SF

      2300 Expy 83

      AUTO REPAIR, GARAGE • 2,176 SF
      2300 Expy 83, Penitas, TX 78576-8316
      View Details
    • Value Estimation
      $415,000
      264 SF

      Expy 83

      AUTO REPAIR, GARAGE • 264 SF
      Expy 83, Penitas, TX 78576
      View Details
    • Value Estimation
      $350,000
      2,880 SF

      1515 Volcano Ave

      AUTO REPAIR, GARAGE • 2,880 SF
      1515 Volcano Ave, Penitas, TX 78576-8467
      View Details
    • Value Estimation
      $505,000
      5,678 SF

      Expy 83

      AUTO REPAIR, GARAGE • 5,678 SF
      Expy 83, Penitas, TX 78576
      View Details

    Similar Nearby for Sale

    • $750,000
      0.51 Acres

      Prime Commercial Property in Penitas, TX

      Operating paint and body shop with high visibility and expansion potential.
      1501 Expressway 83, Penitas, TX 78576
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      Penitas Restaurant & Car Wash Opportunity

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      Prime Penitas Restaurant Land

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    • $400,000

      Penitas Commercial Land & Building

      Prime Retail Location, High Visibility
      44014 Austen St, Penitas, TX 78576
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    • $2,627,000
      1,227 SF

      Texas Sonic Drive-In Investment

      High-Yield Sonic, Fee Simple Ownership
      1815 Expressway 83, Penitas, TX 78576
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    • $1,200,000
      3,182 SF

      Turnkey Restaurant in Growing Area

      Established restaurant with equipment in a rapidly developing location.
      204 Tom Gill Rd, Penitas, TX 78576
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    Similar Nearby for Lease

    • New
      $850 /Mo
      4,544 SF

      Retail Space in Penitas Plaza

      New retail space designed for small businesses to thrive.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $850 /Mo
      4,544 SF

      New Plaza Retail Space

      Modern retail units in Penitas, TX, designed for small businesses.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $900 /Mo
      4,544 SF

      New Plaza Retail Space Available

      Modern retail units in Penitas, TX, designed for small businesses.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $850 /Mo
      4,544 SF

      New Retail Plaza in Penitas

      Modern retail spaces designed for small businesses to thrive.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $900 /Mo
      4,544 SF

      Retail Plaza in Penitas, TX

      New retail plaza designed for small business success.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $850 /Mo
      4,544 SF

      New Plaza Retail Space Available

      Bright, modern retail spaces designed for small businesses to thrive.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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